FirstService Quarterly Balance Sheet
NASDAQ: FSVFinanceReal EstateUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
FirstService financial position
As of Dec 31, 2025, FirstService reported total assets of $4.28 billion, up 70.7% from a year earlier against total liabilities of $2.91 billion. Shareholders' equity stood at $1.38 billion, or 32.1% of assets. The company held $154.4 million in cash and equivalents against $1.08 billion of debt, a net debt position of $928.3 million.
The current ratio (current assets divided by current liabilities) was 1.70, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.79.
Summary generated from market data by MetaCap's automated system. Methodology
FirstService balance sheet (quarterly)
| Quarter (USD) | Q4 20252025-12-31 | Q4 20242024-12-31 | Q4 20232023-12-31 | Q4 20222022-12-31 | Q4 20212021-12-31 | Q4 20202020-12-31 | Q4 20192019-12-31 | Q4 20182018-12-31 | Q4 20172017-12-31 | Q4 20162016-12-31 | Q4 20152015-12-31 | Q4 20142014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 154.43M | 227.60M | 187.62M | 136.22M | 165.66M | 184.29M | 121.20M | 66.34M | 57.19M | 43.38M | 45.56M | 66.79M |
| Receivables | 922.11M | 947.52M | 842.24M | 635.94M | 551.56M | 418.89M | 393.73M | 239.93M | 185.76M | 164.07M | 114.52M | 115.14M |
| Inventory | 274.24M | 279.63M | 246.19M | 242.34M | 161.39M | 141.98M | 94.51M | 48.23M | 37.96M | 29.71M | 16.16M | 9.49M |
| Total Current Assets | 1.50B | 1.56B | 1.36B | 1.11B | 964.66M | 819.32M | 668.14M | 415.07M | 326.38M | 303.79M | 230.22M | 250.72M |
| Property, Plant & Equipment | 289.72M | 253.99M | 204.19M | 167.01M | 138.07M | 126.57M | 131.54M | 98.10M | 85.42M | 73.08M | 57.58M | 55.20M |
| Goodwill | 1.50B | 1.40B | 1.18B | 886.09M | 843.36M | 703.74M | 644.85M | 335.15M | 291.92M | 266.17M | 220.65M | 217.43M |
| Intangible Assets | 684.74M | 715.48M | 628.01M | 368.45M | 382.11M | 378.76M | 366.22M | 148.80M | 133.84M | 121.11M | 79.48M | 82.88M |
| Total Assets | 4.28B | 4.19B | 3.63B | 2.77B | 2.51B | 2.20B | 1.96B | 1.01B | 848.27M | 770.96M | 600.48M | 615.54M |
| Accounts Payable | 158.51M | 174.07M | 143.35M | 115.99M | 100.13M | 98.50M | 76.23M | 41.71M | 41.10M | 32.36M | 24.14M | 24.69M |
| Short-Term Debt | 13.65M | 41.57M | 37.13M | 35.66M | 57.44M | 56.48M | 5.54M | 3.92M | 2.75M | 1.04M | 4.04M | 17.73M |
| Total Current Liabilities | 882.15M | 850.77M | 770.77M | 636.99M | 618.47M | 543.75M | 358.21M | 226.95M | 213.70M | 175.12M | 130.10M | 126.09M |
| Long-Term Debt | 1.07B | 1.26B | 1.14B | 698.80M | 595.37M | 533.13M | 761.08M | 330.61M | 266.87M | 249.87M | 197.16M | 221.63M |
| Total Liabilities | 2.91B | 3.01B | 2.60B | 1.87B | 1.71B | 1.54B | 1.53B | 771.25M | 655.98M | 599.26M | 433.46M | 456.80M |
| Shareholders' Equity | 1.38B | 1.19B | 1.02B | 907.47M | 799.72M | 660.40M | 425.89M | 236.23M | 192.29M | 171.71M | 167.03M | 158.75M |
| Retained Earnings | — | — | — | — | — | — | — | 45.54M | 7.54M | — | — | — |
| Total Debt | 1.08B | 1.30B | 1.18B | 734.46M | 652.80M | 589.60M | 766.62M | 334.52M | 269.63M | 250.91M | 201.20M | 239.36M |
| Net Cash (Debt) | -928.25M | -1.07B | -994.49M | -598.24M | -487.14M | -405.31M | -645.42M | -268.18M | -212.44M | -207.53M | -155.64M | -172.57M |
| Shares Outstanding | 45.72M | 45.27M | 44.68M | 44.23M | 44.01M | — | — | 35.98M | 35.92M | 35.84M | 35.94M | — |
This table shows 12 quarterly periods of FirstService's balance sheet, from Q4 2025 back to Q4 2014, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow FSV's reporting calendar. What is a balance sheet?